Supply chain pressures label industry aggravated by Nordic paper shortages

Following earlier reports by FINAT about the impact of the tight supply chain conditions on the industry’s outlook for 2022, the continued union strike in some Nordic paper mills is posing severe lead time problems to European label converters.

In recent weeks, reports have been received from around Europe that lead times for paper based label materials (some 70% of total European label demand) have increased up to 3 months or more. Some label printers and raw materials suppliers have even been forced to prioritise the allocation of deliveries among customers, now that stocks of raw materials are close to being depleted.

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